MELLUZZO LUCIANO M (President) exercised options at AIR INDUSTRIES GROUP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

MELLUZZO LUCIANO M

Filed: 4/28/2025ACC: 0001213900-25-036173

InsiderMELLUZZO LUCIANO MCIK 1344076

→

IssuerAIR INDUSTRIES GROUPCIK 1009891

Officer· President

Since Aug 2018

-13.01K

Net shares

Net seller

$43.4K

Total sold

Open market trades

0B · 0S

Total transactions

34.12K acquired · 47.13K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+34.12K

Price / share

—

Trade value

—

% of position

161.9%

4/25/2025

21.08K→55.20K

Common Stock

Direct

F · Tax Withholding

−13.01K

Price / share

$3.34

Trade value

$43.44K

% of position

23.6%

4/25/2025

55.20K→42.20K

Total

Net shares

+21.12K

Net value

-$43.44K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/25/2025	M · Option Exercise	+34.12K	—	—	161.9%	21.08K	55.20K
Common Stock Direct	4/25/2025	F · Tax Withholding	−13.01K	$3.34	$43.44K	23.6%	55.20K	42.20K
Total			+21.12K		-$43.44K

Derivative Transactions1

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

34.12K shares

−34.12K

Strike price

Held after

68.25K

Exercisable

—

4/25/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Unit Direct	Common Stock34.12K shares	4/25/2025	M · Option Exercise	−34.12K		—	68.25K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)5

Stock options

Direct

Underlying security

Common Stock

Underlying shares

27K

Shares owned

27K

Exercise price

3.5

Expiration

—

Exercise window

—

Stock option

Direct

Underlying security

Common Stock

Underlying shares

20K

Shares owned

20K

Exercise price

8.3

Expiration

—

Exercise window

—

Stock options

Direct

Underlying security

Common Stock

Underlying shares

48K

Shares owned

48K

Exercise price

3.43

Expiration

—

Exercise window

—

Stock option

Direct

Underlying security

Common Stock

Underlying shares

18K

Shares owned

18K

Exercise price

12.2

Expiration

—

Exercise window

—

Stock option

Direct

Underlying security

Common stock

Underlying shares

15K

Shares owned

15K

Exercise price

13.9

Expiration

—

Exercise window

—

Total

Underlying

128K

Owned

128K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock options Direct	Common Stock	3.5	—	—	27K	27K
Stock option Direct	Common Stock	8.3	—	—	20K	20K
Stock options Direct	Common Stock	3.43	—	—	48K	48K
Stock option Direct	Common Stock	12.2	—	—	18K	18K
Stock option Direct	Common stock	13.9	—	—	15K	15K
Total					128K	128K